Mathematics, 04.02.2021 19:20 donbright100

6. Marcos took out a loan for $ 1500 at a simple interest rate of 2% for 3 years. Mateo took out a loan for $1700 at a simple interest rate of 1.75% for 2 years. What is the difference of their interest?
A. $200.00
B. $30.50
C. $840.50
D. $540.50
om

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6. Marcos took out a loan for $ 1500 at a simple interest rate of 2% for 3 years. Mateo took out a l...

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6. Marcos took out a loan for $ 1500 at a simple interest rate of 2% for 3 years. Mateo took out a loan for $1700 at a simple interest rate of 1.75% for 2 years. What is the difference of their interest? A. $200.00 B. $30.50 C. $840.50 D. $540.50 om

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Another question on Mathematics

6. Marcos took out a loan for $ 1500 at a simple interest rate of 2% for 3 years. Mateo took out a loan for $1700 at a simple interest rate of 1.75% for 2 years. What is the difference of their interest?
A. $200.00
B. $30.50
C. $840.50
D. $540.50
om